The Business Research Company’s Food Automation Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Food Automation Global Market Report 2023 evaluates food automation market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global food automation market size grew from $12.05 billion in 2022 to $13.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the food automation market is expected to grow to $18.59 billion in 2027 at a CAGR of 9.1%.
The food automation market segments in the report are:
1) By Type: Motors And Generators, Motor Controls, Discrete Controllers And Visualization, Rotary Products, Linear Products, Other Types
2) By Operation: Semi Automatic, Fully Automatic
3) By Component: Plant Instrumentation, Plant-Level Controls, Enterprise-Level Controls
4) By Application: Bakery Products, Drinks, Candy, Snacks, Fruits And Vegetables, Meat, Other Applications
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The table of contents in TBRC’s food automation market report includes:
- Executive Summary
- Food Automation Market Characteristics
- Food Automation Market Trends And Strategies
- Food Automation Market – Macro Economic Scenario
- Food Automation Market Size And Growth
- Food Automation Market Segmentation
- Food Automation Market Regional And Country Analysis
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- Food Automation Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Food Automation Market
- Food Automation Market Future Outlook and Potential Analysis
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